Good morning traders. Following is some of the chart analysis of 26th February 2020.
Infosys
Infosys has been following uptrend and if it comes below 790 then it is a good buy position
Tata Power Company limited
We can see the trend reversal after a big downtrend move. The buy and target range can be seen at 51 to 54 levels.
Mindtree Limited, show the consolidation phase from last 3-4 days. The trend pattern shows in an uptrend, however, there was some sell-off as well.
NIIT technologies are running between the consolidation zone of 1890 to 1990. There could be a big uptrend or downtrend move in the upcoming days.
Bharat forge is already running in a downtrend and now in the consolidation zone. So any uptrend or downtrend breakout can be expected in the coming days.
Bharti Infratel has a consolidation zone between 210 and 220. Unless there is a big green or red candle, the stock looks to be consolidating between the given range.
United Spirits looks to be in perfect ‘buy on the dips” move. A big volume candle can this big rally unless there is no negative news on the United Spirits.
Ramco industries are running between the consolidation phase of 790 to 815. It has been a wait and watch the game for many days and in the future.
Disclaimer: All the information give is for education purpose. Please do not take any positions based on our recommendation. You will be responsible for your own profit and loss.
